RESONANTPROFORMA
v2.305.0.0 · 26-0613
Cedar Grove Apartments·v
SCN
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InputPulldownDerivedRead-onlyProgrammaticAuto-fillOverriddenTCAC AppDisabledAnswer
Sources − Uses0feasible
Debt Coverage Ratio1.150≥ 1.15
Tiebreaker22.162%rank 6 of 8 · At-Risk
Win Probability0% / 0%vs cutoff (0.6109) / vs simulator
Deferred Developer Fee1.52MMno escape valve
DealDashboardInputsRent RollOperating ExpensesDebt ExecutionNOICosts & BasisTimelineInvestor IRR9% ApplicationPoints SystemTiebreakerCompetition
Cedar Grove Apartments
100 Cedar Grove Way, Cedar Grove, CA
Fresno · 2026 AMI · QCT · 80 units
depth
valuewin
Double-duty · moves value and win
Acquisition Price
●●●●●●
Hard Cost / Unit
●●●●●●
HAP Contract Rent1BR
2BR
3BR
●●●●●●
Value only · sizes equity and loan
OpEx / Unit / Year
●●·
Fed TC Price
●●·
State TC Price
·
DSCR
●●·
Perm Rate (all-in)
%
●●·
Soft loan · conditional
Soft Loan
●●●●
Legend · what the dots mean
●●●Valuemoves the funding verdict: the gap between total uses and total sources, and the deferred fee plus GP equity that fills it
●●●Winmoves the TCAC tiebreaker score, measured against the round's funding cutoff
more dots, stronger effect:●●● strong●● moderate light· no effect
every other field defaulted · open the full model in the tabs above
VALUEpencils·gap·DDF$1,523,634
WINTB0.2216·need~0.2216·WIN
Sources & Uses
Sources
Permanent Loan$11,050,000
Federal TC Equity$15,748,000
State TC Equity$4,897,000
Acquired Replacement Reserves$150,000
MGP Equity$100
Deferred Developer Fee$1,523,634
Total$33,368,734
Uses
Land Cost or Value$1,800,000
Improvements Cost$16,200,000
Construction$8,336,736
Relocation$965,000
Architectural$150,000
Survey & Engineering$60,000
Construction Loan Interest$998,320
Construction Loan Related Fees$196,000
Permanent Financing Costs$195,500
Legal$325,000
Capitalized Reserves$631,731
Contingency$926,956
Other Project Costs$550,000
Developer Fee$2,033,491
Total$33,368,734
Balance+$0balanced
Resonant Proforma v2.305.0.0 · 26-0613 · feasibility + competitiveness, simultaneouslyAuto-saves to localStorage on every change
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